Equipment
Business, Technology, Equipment, Safety

Ryder’s First-Quarter Profit Rises

Ryder System said Wednesday its first-quarter profit rose 8% to $51.3 million or 84 cents a share, from $47.6 million or 77 cents a year ago.

Transport Topics
April 25, 2007
Business, Government, Equipment, Autonomous

Michelin’s 1Q Sales Gain

Larry Smith/Trans Pixs

Tire maker Michelin & Cie. said its first-quarter sales rose 5.5% on higher prices and demand from truck makers, Bloomberg reported.

Transport Topics
April 24, 2007
Business, Equipment, Autonomous

Class 8 Truck Sales Plunge in March

The collapse in heavy-duty U.S. truck sales accelerated in March, dropping nearly 38% from the same month in 2006.

April 23, 2007
Business, Safety, Technology, Equipment

Landstar’s Quarterly Income Declines

Larry Smith/Trans Pixs

Truckload carrier Landstar System said Thursday its first-quarter net income fell to $21.6 million or 38 cents a share, from $24.4 million or 41 cents a year ago.

Transport Topics
April 19, 2007
Business, Equipment

Eaton’s 1Q Profit Improves

Vehicle parts manufacturer Eaton Corp. said Monday that its first-quarter net earnings were $234 million or $1.56 a share, up from $208 million or $1.36 a year ago.

Transport Topics
April 16, 2007
Business, Equipment

Cummins Crosspoint Workers End Strike

Employees of a distributor for diesel engine maker Cummins Inc. went back to work Monday after ending a week-long strike, the Associated Press reported.

Transport Topics
April 10, 2007
Business, Government, Equipment, Autonomous

Tire Makers Raising Prices

At least five major tire manufacturers said they are raising prices on their medium- and heavy-duty truck tires by 3% to 5%, with most citing the rising cost of raw materials as the reason.

April 9, 2007
Business, Safety, Government, Equipment, Logistics

Pacer Lowers ’07 Guidance

TT File Photo

Transportation and third-party logistics firm Pacer International lowered its full-year earnings guidance, said it would consolidate some operations and said its board authorized a buyback of up to $100 million of the company’s stock.

Transport Topics
April 5, 2007
Business, Government, Safety, Equipment

Strike Continues at Cummins Crosspoint

Negotiations between Teamsters and a distributor for diesel engine maker Cummins Inc. continued Tuesday, two days after workers at a West Virginia facility went on strike, the Associated Press reported.

Transport Topics
April 3, 2007
Business, Equipment

Teamsters Strike at W. Va. Cummins Plant

Forty-three employees of a distributor for diesel engine manufacturer Cummins Inc. went on strike Sunday at a plant in South Charleston, W.Va., the Associated Press reported.

Transport Topics
April 2, 2007

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